Latest Cafe Coffee Day Enterprises Limited News & Updates

Bengaluru, Jan 21 (IANS) The Karnataka High Court on Wednesday granted relief to the Indian retail cafe chain Cafe Coffee Day (CCD) in connection with the case lodged by the Enforcement Directorate (ED) under the provisions of the Foreign Exchange Management Act, 1999 (FEMA).The CCD had challenged the proceedings under FEMA in court.The Bench, headed by Justice B.M. Shyam Prasad, passed the order in this regard.The court has directed the ED to postpone the personal hearing of the representatives…